on ZhongDe Waste Technology AG (ETR:ZEF)
Revocation of Trading Admission for ZhongDe Waste Technology AG Shares
The Frankfurt Stock Exchange has announced the revocation of ZhongDe Waste Technology AG's bearer shares from the regulated market (General Standard), effective from March 23, 2026. This decision follows the company's failure to meet obligations linked to their market admission, as outlined in the Stock Exchange Act.
In response, ZhongDe Waste Technology AG plans to contest the exchange's ruling. The company is prioritizing its shareholders' interests by ensuring transparency and compliance. Efforts are underway to collaborate with auditors to release pending financial reports within the year.
The company's management, led by CEO Zefeng Chen, remains proactive in addressing these regulatory challenges while maintaining communication with stakeholders.
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